Originating & Underwriting

Manufactured Housing Financing

Affordable financing options

With the country facing a shortage of affordable homes, manufactured housing provides a solution for borrowers ready to purchase. Whether a borrower is taking one of the most affordable paths to homeownership, or a more attainable alternative to site-built homes, Fannie Mae offers options to help a range of customers achieve the dream of homeownership.

See why Guild Mortgage supports MH Advantage

MH Advantage® combines features like a down payment as low as 3%, with the lower price and customizable finishes of modern manufactured homes. MH Advantage homes are built to blend into a range of neighborhoods, even those with site-built homes.


Lenders: Contact your relationship manager.


Contact us by email to learn more, including how to become a participating manufacturer.

MH mortgages

  Standard MH
For traditional single- and multi-width manufactured homes.
MH Advantage
For homes built to appeal to site-built borrowers.
Minimum down payment 5% 3%

Must be titled as real property

See Titling Resources

Yes Yes
Design Traditional single- and multi- width homes. Multi- width homes with features similar to site-built homes. See Home Specs


See Appraisal Resources

Must include a minimum of two manufactured home comps. Additional requirements for single-width MH. Must use MH Advantage comps if available. May use site-built comps if MH Advantage comps are unavailable.
LLPA 0.50% N/A

MI Coverage

See MI Coverage Requirements

Varies from site-built homes. Consistent with site-built homes.

See the MH Product Matrix for more information about MH Advantage and Standard MH Financing.

gray manufactured home with porch and garage